Vapi

Vapi

Platform for building voice AI agents

Overview

Vapi provides an infrastructure platform to build and deploy enterprise-grade voice AI agents. Developers use flexible APIs and an SDK to create, test, and deploy voice agents for inbound and outbound calls, using a mix of STT, LLMs, and TTS from integrated or third-party providers to deliver low-latency conversations. Clients can bring their own API keys or use Vapi's models, giving control over cost and performance across industries like healthcare, finance, and travel, from startups to Fortune 500s. The goal is to simplify building scalable voice operations and enable rapid deployment of AI-powered call workflows, with a usage-based pricing model per minute plus telephony and AI costs, differentiating itself through a developer-centric approach and provider-agnostic orchestration.

Funded Recently
YC Company

About Vapi

Simplify's Rating
Why Vapi is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$70.1M

Headquarters

San Francisco, California

Founded

2021

Simplify Jobs

Simplify's Take

What believers are saying

  • Enterprise governance features can unlock regulated accounts in healthcare and finance.
  • Over 2.7 million created agents and 1 billion calls provide strong product-leverage.
  • Startup templates and migration tools can convert experimentation into recurring workloads.

What critics are saying

  • OpenAI, Deepgram, and ElevenLabs dependencies directly hit margins and latency.
  • Twilio and Salesforce bundle voice AI into existing enterprise procurement channels.
  • A single outage across billion-call scale can permanently damage enterprise trust.

What makes Vapi unique

  • Developer-first voice AI infrastructure for deploying agents in minutes.
  • Supports BYO OpenAI, Deepgram, ElevenLabs, and custom telephony providers.
  • Amazon Ring routed 100% of inbound calls through Vapi after 40-vendor evaluation.

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Funding

Total Funding

$70.1M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$50M
Vapi
$65M
Substack
$100M
ClickUp

Benefits

Company Equity

401(k) Company Match

Company News

Vapi
May 12th, 2026
AGI is here. Why am I still on hold?

Read AGI is here. Why am I still on hold? on the Vapi blog

Latest Nigerian News
Dec 13th, 2024
Vapi, which helps businesses deploy AI-powered voice agents, raised a $20M Series A from Bessemer, Y Combinator, and others, a source says at a $130M valuation (Kritika Lamba/Reuters)

Vapi, which helps businesses deploy AI-powered voice agents, raised a $20M Series A from Bessemer, Y Combinator, and others, a source says at a $130M valuation (Kritika lamba/reuters).

FinSMEs
Dec 12th, 2024
Vapi Raises $20M in Series A Funding

Vapi raises $20M in Series A funding.

Tech Funding News
Dec 12th, 2024
Vapi raises $20M to deploy AI voice agents to transform customer interactions — TFN

Vapi, a developer platform for deploying Voice AI agents, has raised $20 million in Series A funding.

Startup 365
Dec 12th, 2024
Vapi Dials-in $20M in Series A Led by Bessemer to Bring AI Voice Agents to Enterprise

Helping enterprises over this challenge, Vapi, a leading developer platform for deploying Voice AI agents, announced today that it has raised $20 million in Series A funding, led by Bessemer Venture Partners with participation from Abstract Ventures, AI Grant, Y Combinator, Saga Ventures, and Michael Ovitz.

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